This bill is about making sure that inventions paid for by American taxpayers actually get manufactured in America. When the federal government funds research that leads to new inventions, companies that want to use those inventions have to make their products here in the U.S.—not overseas. The bill strengthens this rule by saying the government can no longer give exceptions to this requirement for countries that are considered threats to America, like China, Russia, North Korea, Iran, or any other country engaged in activities harmful to U.S. security. Any exceptions that are granted have to follow strict procedures set up by the Made in America Office to ensure transparency and accountability.

The bill also directs the National Institute of Standards and Technology (a federal agency) to work with other government agencies to help turn federally-funded research into actual products that can be sold commercially. Essentially, it's designed to keep American innovation and manufacturing jobs in the United States rather than letting companies take government-funded research and build factories overseas, especially in countries that might not have America's best interests in mind.

Invent Here, Make Here Act of 2024

Baldwin, Tammy

Invent Here, Make Here Act of 2023This bill (1) modifies the licensing&nbsp;requirements with respect to&nbsp;inventions developed with federal funds, and (2) requires the National Institute of Standards and Technology to&nbsp;coordinate with other agencies to support the&nbsp;domestic&nbsp;development of commercial products based on research conducted by federal agencies.Generally, subject to individual waivers, the licensing for inventions developed with federal funds requires that the manufacture of products embodying or using such inventions occurs substantially in the United States. The bill (1) prohibits waivers of this requirement with respect to countries of concern (North Korea, China, Russia, Iran, or a country determined to be engaged in conduct detrimental to U.S. security), and (2) requires any such waiver to comply with the procedures established by the Made in America Office.